Mukesh deposited a sum of 1400 is a bank for 2 year compounded annually at 6:00 per annum find the compound interest her gets
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Answer:
173.04
Step-by-step explanation:
for two years SI = 1400×6/100 = 84 +84
New Interest = 84×6/100 = 5.04
CI = 84+84+5.04 = 173.04
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